Based on the provided data, the year-on-year percentage variations for the Natural Magnesium Carbonate and Magnesium Oxide market in China are as follows:
- 2024 to 2025: Approximately 2.45%
- 2025 to 2026: Approximately 2.34%
- 2026 to 2027: Approximately 2.24%
- 2027 to 2028: Approximately 2.16%
The Compound Annual Growth Rate (CAGR) over the last 5 years (2024-2028) is approximately 2.26%.
Future Trends: The market for Natural Magnesium Carbonate and Magnesium Oxide in China is expected to exhibit steady growth, driven by increasing industrial applications and advancements in refining processes. Investors should monitor developments in environmental regulations and technological innovations which could impact market dynamics.
